One Lucky Cavaliers Fan Has Mortgage Paid for a Year by Quicken Loans

April 19, 2007

Cleveland, Ohio – April 19, 2007 – One lucky Cleveland Cavaliers fan won’t have to make a mortgage payment for a whole year thanks to Quicken Loans. Marilyn Williams, of Canal Fulton, Ohio, won a $20,000 mortgage payment, courtesy of the nation’s largest online lender.

Quicken Loans presented “Cavs Fan Appreciation Night” at Cleveland’s Quicken Loans Arena on Wednesday, April 18, which was the last game of the Cavaliers regular season. Quicken Loans Chairman and Founder Dan Gilbert is also the majority owner of the Cavaliers. On Fan Appreciation Night, Cavs fans received an array of prizes valued at more than a half million dollars, and the biggest prize was having your mortgage paid off for a year, up to $20,000.

“Both the Quicken Loans and the Cavaliers organizations are dedicated to providing a fantastic experience for our clients and fans. Joining forces for Fan Appreciation Night by having Quicken Loans pay $20,000 towards one lucky Cavaliers fan’s mortgage for a year is a great way to end the regular season,” said Jeff Perry, Vice President of Quicken Loans’ Internet Home Lending Center in Cleveland, who made the on-court check presentation to an ecstatic Williams at half-time.

“We went out after the game and I carried the big Quicken Loans check everywhere. Having my mortgage paid for a year is wonderful and I can’t thank Quicken Loans enough,” said Williams, who said she really won twice last night. In addition to winning the $20,000 mortgage payment, the Cavaliers chalked up their 50th win of the season in defeating the Milwaukee Bucks, and moved on to round one of the Eastern Conference playoffs. “We are huge Cavs fans and have followed Lebron since he was in 9th grade,” she added. “We have put so much of time into the Cavaliers, my husband and I don’t miss a game and it has paid off, literally. We’ll be rooting for them during the playoffs, this is priceless!”

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About Quicken Loans Inc.

Quicken Loans is the nation’s largest online retail mortgage lender and the country’s 11th largest retail lender overall, closing nearly $18 billion in home loans in calendar year 2006. The company employs more than 4,600 people and has been ranked in the “Top 20” of FORTUNE Magazine’s “100 Best Companies to Work for in America” list for the last four years. For more information, visit www.QuickenLoans.com. To learn about Quicken Loans career opportunities, visit www.QuickenLoansCareers.com.